Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sector Update: Financial Stocks Edge Higher Premarket Tuesday

Sector Update: Financial Stocks Edge Higher Premarket Tuesday

MT newswireMT newswire2026/09/29 13:24
09:24 AM EDT, 09/29/2026 (MT Newswires) -- Financial stocks were edging higher premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.2%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.6% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% lower. KKR (KKR) and RWE have teamed up to submit a non-binding bid for Germany's state-owned Uniper, Bloomberg reported, citing unnamed people familiar with the matter. Shares of KKR were 0.3% higher pre-bell. Morgan Stanley (MS) has established a Digital Asset Lab to test stablecoins, tokenization and decentralized finance applications as it explores blockchain-based systems across its business, Bloomberg reported. Morgan Stanley stock was 1% higher premarket. Blackstone (BX) is launching a logistics investment platform that will begin operating next year across key markets in Sweden, Denmark and Finland, the company said. Blackstone shares were up 0.7% pre-bell.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Arbitrum will welcome a new propAMM

Odaily星球日报•2026/11/10 01:57
Arbitrum will welcome a new propAMM

Domestic sales "underperform," PepsiCo (PEP.US) launches mass layoffs of thousands in North America

PepsiCo North America has cut about 1,000 jobs to streamline operations, as beverage sales in the third quarter fell by 2% year-on-year and the full-year profit outlook has been revised downward.

智通财经•2026/11/10 01:12